Commodities
Oil is bullish, and there’s no sign that it is slowing down. Thanks to Donald Trump, the crude oil would only go north. The U.S. president wants to “Make America Great Again”. He also wants China to fix US$347 billion trade deficit that the U.S. is suffering, creating a trade war in the process. He […]
... written on May 01 2018Saudi Arabia is happy with the rise of crude oil prices. The OPEC, Russia and several other producers began to reduce supply in January 2017 in an attempt to erase a glut. The supply-cutting deal involves cutting 1.8 million barrels a day through March 2018, subsequently extended until December 2018. Saudi is looking at US$80 […]
... written on Apr 23 2018Enjoy the party while it lasts, as the saying goes. In the case of about 32 million Malaysians, they still have another 3 weeks to enjoy low petrol or fuel price. After 9th May, depending on the global crude oil prices, the whole country could be in a shock as price at stations would show […]
... written on Apr 19 2018Effective today (Wednesday), U.S. companies will be required to put down a 178.6% deposit for sorghum shipments to China. Beijing calls it a “temporary anti-dumping measure”. But every Tom, Dick and Harry knew this is nothing but a slap in the face for Trump administration. This is a warning shot that China refused to be […]
... written on Apr 18 2018Business has been roaring for American shale producers. No matter how much and fast they drill, it appears they can’t beat the Arabs, whose production cut works marvellously. Crude oil prices continue skyrocketing with extremely strong support at US$60 a barrel. Global inventories have plunged. OPEC can actually imitate President Trump and says – “Mission […]
... written on Apr 16 2018Less than 24 hours after President Donald Trump unveiled a list of Chinese imports that his administration aims to target, China strikes back with its own tariffs on U.S. products. Trump’s US$50 billion tariffs in Chinese imports cover a staggering 1,300 categories of products, arguably the most aggressive trade war against the Chinese. The slap of 25% […]
... written on Apr 05 2018President Donald Trump, as anticipated, signed an executive memorandum that would impose tariffs on up to US$60 billion in Chinese imports on Thursday. Unlike the earlier tariffs of 25% on steel imports and 10% on aluminium imports signed earlier this month, the latest tariffs are designed to specifically punish China unfair trade practices with the U.S. […]
... written on Mar 23 2018One of the reasons why North America, particularly United States of America, has reigned supreme for nearly a century as the world’s strongest and biggest economy is because of its consumption-based economy. Although some may argue that production, not consumption, is the true source of wealth, U.S.’ consumption-driven society is one of the main contributors. […]
... written on Mar 22 2018In what appears to be a rerun of Malaysia-vs-North Korea episode, Britain has threatened to take action against Russia for allegedly unleashing chemical attack on former Russian spy Sergei Skripal and his daughter Yulia in Salisbury. Theresa May had earlier issued Russian President Vladimir Putin 24 hours to respond to claims that Russia was responsible. […]
... written on Mar 14 2018Unless you’ve been living under a rock this year, you should know that Saudi billionaire Alwaleed has been released. Prince Alwaleed bin Talal was released in January, more than 2 months after he was taken into custody in a sweeping crackdown on corruption. A senior Saudi official said Alwaleed was freed after he reached a […]
... written on Mar 13 2018
